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Welcome to another episode of our Daily Fintech Podcast.
THE NEWS HIGHLIGHT OF THE DAY IS
PayU, the payments, and fintech business of Prosus, announced its investment in Treinta, the super-app that aims to digitalize Latin American SMEs by providing a broad range of services, including accounting, inventory management and trading solutions.
JUST IN:
Wells Fargo’s Jeff Cantwell, CFA says the time to buy FinTech stocks is now—14 of them. Cantwell sees a $1.5 trillion growth market for FinTech, a broad marriage of finance and digital tech, driven by five themes. Topping the list: increased adoption of digital payments.
ALSO:
Mark Zuckerberg — or rather, his avatar — excitedly extolled the potential of a virtual marketplace last week on Meta video, giving the world a first glimpse of the company's plans for payments after it sold off the assets of its Diem stablecoin.
FURTHERMORE,
Fintech Meetup, the breakout U.S. fintech event which was founded by event industry disruptors and fintech industry insiders, Anil D. Aggarwal and Simran Rekhi Aggarwal, announced that the next Fintech Meetup will take place in person at the Aria, Las Vegas, on March 19-22, 2023.